GBP/USD Technıcal Analysıs GBP/USD had a historic day yesterday nonetheless, surging 2.9%, its largest 1-day gain since 2008 The all story since the Brexit and even before noted here. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support. For the big moves the exceptions was written . …
Is the rally began, the pound-dollar exchange rate GBP/USD rallied on news that the UK Government is unable to trigger Article 50 of the Lisbon Treaty without the approval of Parliament.if the activists win their case then there is a good chance the Pound would rally as markets tend to be aligned in a pro-EU mannerHowever, such A rally…
GBP/USD Reached To Bottom Or Its … The story was here since the beginning “Break of 1.2750 the last low will confirm this bearish case and would target next projection level at 1.23-1.24. On the upside, above 1.3170 minor resistance will possibly extend the consolidation pattern ,In the bigger picture, the down trend is still in progress”.GBP/USD remains in sideway consolidation,Still,…
GBP/USD The Never Ending Story ,Or….. Well for all my readers its was written on my wall ,now after “Fat Finger” on the gbpusd tonight ,im going out from my short position The all story since the brexit and even before noted here before. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support.for the…
GBP/USD Heading For New Lows Or….. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support. As noted here before. Break of 1.2750 the last low will confirm this bearish case and would target next projection level at 1.23-1.24. On the upside, above 1.3170 minor resistance will possibly extend the consolidation pattern ,In…
what the charts can teach us about gbpusd further move Fall from 1.7190 is viewed as resuming the longer-term downtrend from 2.1161 and would target 1.3503 and below later. As I mentioned last September gbpusd The pair was on his way to conquer the negative peakIs pound latest player to take center stage in this game (central banks’ global game of debasing…
When EUR/GBP Send You Running for Cover i will make it quick from looking at the charts we can see The Butterfly pattern Butterfly harmonic patterns are high probability trade setups that identify reversals in trends. Bearish butterfly harmonic chart pattern suggests a short entry upon completion of the pattern. It is an ABCD harmonic chart pattern, A short entry is suggested when the…